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In a big industry the numbers of factors influencing a decision have increased situation has become big and complex because these factors interact with each other in complicated fashion. There is thus great uncertainty about the outcome of interaction of factors like technological environmental competitive etc. For instance consider a factory production schedule which has to take into account.
a. Customer demand.
b. Requirements of raw materials.
c. Equipment capacity and possibility of equipment failure and
d. Restrictions on manufacturing process
a. Discuss the methodology of Operations Research.
Test Statistic The next step is compute an appropriate test statistic which is based on an appropriate probability distribution. It is used to test whether the null hypo
#q.2 Q.2 Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no a
Use of t -tables Similar to normal curve tables there exist t- distribution tables. However whereas the properties of the normal curve are constant for all
difference between simplex solution procedure for maximisation and minimisation
Regression Line The line of regression is the line which give the best estimate to the values of one variable for any specific values of other variable. For t
What is linear programming
1. What is the major problem or issue being investigated? The interaction between service failure and online shop's readiness for service recovery and the resulting impact on custo
Assumption of F- Test The theoretical assumption on which F test is based are: 1.The populations for each sample must be normally distributed with identical mean
A Company produces 150 cars. But the production rate varies with the distribution. Production Rate Probability 147 0.05 148 0.10 149 0.15 150 0.20 151 0.30 152 0.15 153 0.05 At pre
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